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HSBC Holdings PLC (NYSE:HSBC), Macerich Co. (NYSE:MAC), AMC Networks Inc. (NASDAQ:AMCX) and Taubman Centers Inc. (NYSE:TCO) have declined to their three-year lows.
HSBC Holdings declined to $37.01
The price of HSBC Holdings shares declined to $37.01 on Nov. 15, which is only 4.5% above the three-year low of $35.36.
HSBC Holdings is a British international financial services holding company. As of December 2018, it is the largest bank in Europe with total assets of $2.558 trillion. The company has around 3,900 offices in 67 countries across the globe and around 38 million customers. The company is also a component of the FTSE 100.
HSBC has a market cap of $149.95 billion; its shares were traded around $37.01 with a price-earnings ratio of 26.18 and a price-sales ratio of 4.51. The trailing 12-month dividend yield is 6.88%. The forward dividend yield is 5.43%.
On Oct. 28, HSBC Holdings announced financial results for the third quarter. Profit for the quarter decreased 24% to $3 billion compared to the prior-year quarter, while reported profit before taxes decreased 18% to $4.8 billion. Reported revenue for the quarter was $13.4 billion, a 3% decrease. Reported profit before tax in Asia was $4.7 billion, a 4% increase.
Macerich declined to $27.80
The price of Macerich shares declined to $27.80 on Nov. 15, which is only 3.3% above the three-year low of $26.87.
Macerich is an American self-managed real estate investment trust. It is the third-largest owner and operator of shopping centers in the U.S. and is a component of the S&P 500. The company owns property across the U.S., including in California, Arizona, Washington, Missouri and New York.
Macerich has a market cap of $3.93 billion; its shares were traded around $27.80 with a price-earnings ratio of 48.77 and a price-sales ratio of 4.21. The trailing 12-month dividend yield is 10.78%. The forward dividend yield is 10.87%.
On Oct. 31, Macerich announced financial results for the third quarter. Net income for the quarter was $46.4 million, or 33 cents per diluted share, compared to net income of $74 million, or 52 cents per diluted share a year ago. Funds from operations for the quarter was $133.2 million, or 88 cents per dilute share, compared to $149.6 million, or 99 cents, in the prior-year quarter.
AMC Networks declined to $39.65
The price of AMC Networks shares declined to $39.65 on Nov. 15, which is only 1.4% above the three-year low of $39.10.